European Investment Bank

The European Investment Bank (EIB), established in 1958 and headquartered in Luxembourg, serves as the lending arm of the European Union, primarily focusing on supporting European integration and social cohesion. It offers a range of financial services, including project loans for both public and private sectors, loans to banks and intermediaries, and structured finance products. EIB also provides guarantees, securitization instruments, and equity investments, particularly in infrastructure and environmental projects. The bank plays a crucial role in financing microfinance and risk-sharing initiatives for research and innovation, alongside offering technical expertise for sustainable energy projects. Its advisory services encompass urban development and infrastructure, and it actively supports public-private partnerships and small to medium-sized enterprises across various sectors, including transportation, energy, health, education, and agriculture.

Andrus Ansip

Vice President

Nicola Beer

Vice President and Member of the Management Committee

Markus Berndt

Deputy Director General, EIB Group and Deputy Managing Director, EIB Global Directorate

Teresa Czerwińska

Vice President and Member of the Management Committee

Ambroise Fayolle

Vice President and Member of the Management Committee

Werner Hoyer

President

Kyriacos Kakouris

Vice President

Adrian Kamenitzer

Deputy Director General and Chief Risk Officer

Jean-Christophe Laloux

Director General

Emma Navarro

Vice President

Lilyana Pavlova

Vice President

Alexander Stubb Ph.D

Vice President and Member of the Management Committee

Thomas Östros

Vice President and Member of the Management Committee

Past deals in Utilities

Latvenergo

Debt Financing in 2025
Latvenergo is an energy company that produces and trades electricity, heat, and natural gas, focusing on sustainable and environmentally friendly energy solutions for its customers; it operates hydroelectric power plants, thermal power stations, and engages in the wholesale and retail sale of energy, while also providing various energy-related services to support efficient energy consumption and management.

Azienda Comprensoriale Acquedottistica

Debt Financing in 2025
ACA Spa is an integrated water service company.

Global Power Generation

Debt Financing in 2024
Global Power Generation (GPG) is a company focused on electricity generation, specializing in the development and management of power generation assets worldwide. Utilizing hydro, wind, and fossil fuel technologies, GPG leverages its extensive experience to ensure successful project execution. The company also provides engineering, operational, and maintenance services to enhance the efficiency of its facilities. Established by Gas Natural Fenosa and KIA through Wren House Infrastructure, GPG serves as a strategic vehicle for international power generation activities, which are recognized as key growth areas for the parent group. Being part of Gas Natural Fenosa, a leading multinational entity in gas and electricity integration with a presence in over 30 countries and a customer base of more than 23 million, GPG benefits from significant industry experience and high performance standards.

Enpal

Debt Financing in 2024
Enpal GmbH, founded in 2017 and based in Berlin, Germany, specializes in providing all-in-one renewable energy solutions, including solar panels, battery systems, wallboxes, heat pumps, and energy management systems. The company focuses on making renewable energy accessible and affordable for customers in Germany and Italy through a unique leasing model that requires no upfront payment. This model covers installation, insurance, and maintenance, attracting customers who prefer to avoid high initial investments. Enpal has successfully installed over 60,000 solar photovoltaic systems, becoming the market leader in Germany. The company employs more than 1,000 staff, including over 200 local installer teams, and has opened several satellite offices to enhance customer service. Enpal has received numerous accolades, including awards for sustainability and customer service. In recent years, it has diversified its offerings and introduced a sales option to accommodate customers interested in purchasing their solar solutions. In 2022, Enpal reported revenues exceeding 400 million euros and has been recognized as one of Germany's fastest-growing companies.

HEP

Debt Financing in 2024
HEP engages in electricity production, transmission, heat supply, gas distribution & user application services for institutions & companies.

BNZ energy

Debt Financing in 2024
BNZ, an independent power producer (IPP), plans, installs, and runs solar photovoltaic projects. BNZ's main goal is to become one of the leading renewable energy developers and contribute to a brighter future by producing 100% renewable energy.

BNZ energy

Debt Financing in 2024
BNZ, an independent power producer (IPP), plans, installs, and runs solar photovoltaic projects. BNZ's main goal is to become one of the leading renewable energy developers and contribute to a brighter future by producing 100% renewable energy.

Kauno Energija

Post in 2024
Kauno Energija is a Lithuanian company primarily focused on providing heat and hot water services in the cities of Kaunas and Jurbarkas, as well as the surrounding Kaunas district. In addition to its core heating services, the company is involved in electricity generation and distribution. Kauno Energija also oversees the internal heating and hot water supply systems, ensuring their proper functioning through ongoing repairs and maintenance of heat unit equipment. Furthermore, the company offers rental services for premises, contributing to its diversified business operations. The majority of its revenue is derived from heat supplies, reflecting its commitment to meeting the energy needs of the local community.

Elektrodistribucija Srbije doo Belgrade

Debt Financing in 2024
Elektrodistribucija Srbije doo Belgrade is a Serbian Public Electric Utility Company.

Iren SpA

Post in 2024
Iren SpA is a prominent multi-utility company based in Reggio Emilia, Italy, providing a wide range of services across several sectors. The company operates in electricity production and distribution, primarily utilizing hydro, thermal, and cogeneration sources, as well as thermal energy for district heating. It distributes natural gas through an extensive network of pipelines and serves hundreds of thousands of customers in various cities. Additionally, Iren manages integrated water services, with a significant network of pipelines and sewerage systems catering to millions of residents. The company is also involved in environmental services, including waste collection, disposal, and the operation of treatment plants, alongside services related to street lighting and traffic systems. With a portfolio that includes multiple hydroelectric and thermoelectric plants, as well as photovoltaic production facilities, Iren is recognized as a dynamic player in the Italian utility market.

Husk Power Systems

Debt Financing in 2024
Husk Power Systems ("Husk") owns, builds and operates solar-hybrid microgrids that serve off-grid and weak-grid communities in rural Sub-Saharan Africa and South Asia. It provides its business and residential customers with 100% renewable electricity and access to energy efficient appliances. In the process, it is contributing to climate resilience while also avoiding a significant amount of emissions from diesel generation. Husk has more than 200 minigrids in operation, the largest fleet in the world. The company is a catalyst for economic growth and social well-being, helping rural communities increase incomes and create employment by starting or expanding microenterprises and running electricity-operated machines that increase productivity. It also provides reliable power to local clinics and schools and education, improving healthcare and educational outcomes. Husk Power Systems was founded by co-founded by CEO Manoj Sinha in 2008 and is based in the United States, with operations in India and Nigeria.

Enel Green Power

Debt Financing in 2024
Enel Green Power is a global leader in renewable energy, focusing on the development and management of power plants that utilize a diverse array of resources, including wind, solar, hydroelectric, geothermal, and biomass. Established in December 2008 as part of the Enel Group, the company operates across Europe and the Americas, boasting an installed capacity of 64.7 GW and generating approximately 25 terawatt-hours of electricity annually. This production supports the energy needs of over 8 million households and contributes to significant reductions in carbon emissions, avoiding around 16 million tonnes of CO2 each year. Enel Green Power emphasizes sustainability and innovation while actively collaborating with local communities to promote socio-economic development. The company is committed to expanding its installed capacity and enhancing technological mixes tailored to local conditions, thus playing a crucial role in the global transition to sustainable energy.

Husk Power Systems

Debt Financing in 2023
Husk Power Systems ("Husk") owns, builds and operates solar-hybrid microgrids that serve off-grid and weak-grid communities in rural Sub-Saharan Africa and South Asia. It provides its business and residential customers with 100% renewable electricity and access to energy efficient appliances. In the process, it is contributing to climate resilience while also avoiding a significant amount of emissions from diesel generation. Husk has more than 200 minigrids in operation, the largest fleet in the world. The company is a catalyst for economic growth and social well-being, helping rural communities increase incomes and create employment by starting or expanding microenterprises and running electricity-operated machines that increase productivity. It also provides reliable power to local clinics and schools and education, improving healthcare and educational outcomes. Husk Power Systems was founded by co-founded by CEO Manoj Sinha in 2008 and is based in the United States, with operations in India and Nigeria.

Hera Group

Post in 2023
Hera Group is a multiutility company that operates in the distribution of gas, water, energy, and waste disposal. They work to improve the quality of their environmental, water, and energy services.

Endesa

Post in 2023
Endesa is an electric utility company headquartered in Madrid, Spain, that generates, distributes, and supplies electricity primarily in Spain and Portugal. Founded in 1944, the company has an installed generation capacity of 22 gigawatts, utilizing a diverse mix of energy sources, including hydroelectric, nuclear, coal, natural gas, oil, solar, and wind. Endesa serves approximately 11.2 million customers and employs over 10,000 people. In addition to its core electricity services, Endesa operates in the natural gas sector and provides energy-related services, emphasizing a commitment to sustainability and technological innovation to address current and future energy challenges. The company also supplies gas to retail and business customers in Spain and France.

Iberdrola

Post in 2023
Iberdrola is a leading global utility company engaged in the production, distribution, and retail of electricity and gas across nearly 40 countries. With a diverse portfolio of 56 gigawatts, it primarily generates electricity from nuclear, fossil-fuel, hydroelectric, and renewable energy sources, with wind power representing approximately 40% of its capacity. The company operates significant electricity and distribution networks in Spain, the UK, Brazil, and the US, where it maintains a strong presence. Iberdrola is committed to advancing the energy transition through a sustainable business model that emphasizes renewable energy, smart grids, large-scale energy storage, and digital transformation, aimed at delivering innovative products and services to its customers. In addition to its generation activities, Iberdrola is involved in gas storage and supply, reinforcing its position as a comprehensive energy provider.

TIM

Debt Financing in 2023
TIM, an Italian telecommunications company and a key player in the Telecom Italia Group, is a leader in the telephony sector in Italy and also operates in Brazil. Founded in 2014, TIM Ventures serves as the corporate venture arm of Telecom Italia, focusing on investments in various sectors including internet technology, digital life, mobile evolution, e-learning, and green technology. The company offers startups consulting services and support, emphasizing investments in companies that leverage disruptive technologies, particularly in areas such as enterprise applications, telecommunications, and sustainability.

Iberdrola

Post in 2023
Iberdrola is a leading global utility company engaged in the production, distribution, and retail of electricity and gas across nearly 40 countries. With a diverse portfolio of 56 gigawatts, it primarily generates electricity from nuclear, fossil-fuel, hydroelectric, and renewable energy sources, with wind power representing approximately 40% of its capacity. The company operates significant electricity and distribution networks in Spain, the UK, Brazil, and the US, where it maintains a strong presence. Iberdrola is committed to advancing the energy transition through a sustainable business model that emphasizes renewable energy, smart grids, large-scale energy storage, and digital transformation, aimed at delivering innovative products and services to its customers. In addition to its generation activities, Iberdrola is involved in gas storage and supply, reinforcing its position as a comprehensive energy provider.

Independent Power Transmission Operator (IPTO)

Debt Financing in 2023
Independent Power Transmission Operator (IPTO or ADMIE) operates the Transmission System of Greece's Electricity Transmission System. Therefore, IPTO ensures the electricity supply to Greece is adequately, safely, efficiently, and reliably handled in accordance with its operational, control, maintenance, and development duties. Additionally, IPTO operates the Greek electricity market according to the principles of transparency, equality and free competition

Power Capital Renewable Energy

Debt Financing in 2023
Power Capital Renewable Energy Limited, founded in 2011 and based in Dublin, Ireland, focuses on the development, operation, and management of large-scale photovoltaic solar farms. The company specializes in all four stages of a solar asset's life cycle, including design, development, financing, construction, and operation. By acquiring and managing utility-scale solar parks, Power Capital aims to provide clean and reliable energy, contributing to the sustainability of the renewable energy sector. Their commitment to delivering competitive and sustainable energy solutions positions them as a significant player in the renewable energy market.

Ormazabal

Debt Financing in 2022
Ormazabal is a leading provider of personalized solutions to electrical utilities, to electrical end users as well as renewable energy systems applications based on its own technology. They encourage the development of the electrical sector towards the challenges of the future energy needs. They cooperate with the world’s leading local, regional and global companies in the electrical sector with a strong commitment to innovation towards personal safety, network reliability, energy efficiency, and sustainability.

Evum Motors

Venture Round in 2022
EVUM Motors is a manufacturer of electric utility vehicles.

Iberdrola

Post in 2022
Iberdrola is a leading global utility company engaged in the production, distribution, and retail of electricity and gas across nearly 40 countries. With a diverse portfolio of 56 gigawatts, it primarily generates electricity from nuclear, fossil-fuel, hydroelectric, and renewable energy sources, with wind power representing approximately 40% of its capacity. The company operates significant electricity and distribution networks in Spain, the UK, Brazil, and the US, where it maintains a strong presence. Iberdrola is committed to advancing the energy transition through a sustainable business model that emphasizes renewable energy, smart grids, large-scale energy storage, and digital transformation, aimed at delivering innovative products and services to its customers. In addition to its generation activities, Iberdrola is involved in gas storage and supply, reinforcing its position as a comprehensive energy provider.

Opdenergy

Post in 2022
Opdenergy is an independent renewable energy producer with over 15 years of experience, specializing in solar photovoltaic and onshore wind energy. The company operates projects across several countries, including Spain, Chile, Italy, Mexico, and the USA, with the majority of its revenue generated from the Spanish market. Opdenergy's diverse portfolio reflects its commitment to advancing renewable technologies and contributing to sustainable energy solutions.

Neoenergia

Post in 2022
Neoenergia S.A. is a Brazilian company involved in the generation, transmission, distribution, and commercialization of electric energy. With an installed generation capacity of approximately 4.1 gigawatts, the company operates seven hydroelectric plants and 44 wind farms, alongside 826 kilometers of transmission lines and eight substations. Neoenergia serves around 34 million customers across several states, including Bahia, Pernambuco, Rio Grande do Norte, São Paulo, and Mato Grosso do Sul. In addition to its core business, the company offers energy management and consulting services. Founded in 1997 and headquartered in Rio de Janeiro, Neoenergia is a subsidiary of Iberdrola S.A.

Ørsted

Post in 2021
Ørsted is a Danish company specializing in the development and maintenance of offshore and onshore renewable energy farms, energy storage facilities, and bioenergy plants. Formerly known as DONG Energy, Ørsted has undergone a significant transformation over the past decade, committing to a vision of a world powered entirely by green energy. The company has dramatically reduced its coal consumption by 73% and aims to completely phase out coal by 2023. As a global leader in offshore wind, Ørsted holds a 25% market share, providing energy to approximately 9.5 million people. By the end of 2023, Ørsted operated 8.9 gigawatts of offshore wind capacity, with the United Kingdom being its largest market, followed by Germany and Denmark. The company is also expanding its presence outside Europe with projects in Taiwan and the United States, where it operates 4.8 gigawatts of onshore wind and solar assets. In addition to its renewable initiatives, Ørsted still engages in traditional utilities, including conventional power plants.

ESB

Debt Financing in 2020
ESB International is an engineering consultancy that specializes in energy utilities and energy supply, catering to business developers. As one of Europe's leading organizations in this field, it operates in the non-regulated sectors of ESB and extends its services globally. The company offers a range of services, including engineering design, construction management, and strategic consultancy, primarily serving clients in Ireland as well as the power sector worldwide. Through its expertise, ESB International plays a significant role in advancing energy solutions and supporting the development of energy infrastructure.

Iberdrola

Post in 2020
Iberdrola is a leading global utility company engaged in the production, distribution, and retail of electricity and gas across nearly 40 countries. With a diverse portfolio of 56 gigawatts, it primarily generates electricity from nuclear, fossil-fuel, hydroelectric, and renewable energy sources, with wind power representing approximately 40% of its capacity. The company operates significant electricity and distribution networks in Spain, the UK, Brazil, and the US, where it maintains a strong presence. Iberdrola is committed to advancing the energy transition through a sustainable business model that emphasizes renewable energy, smart grids, large-scale energy storage, and digital transformation, aimed at delivering innovative products and services to its customers. In addition to its generation activities, Iberdrola is involved in gas storage and supply, reinforcing its position as a comprehensive energy provider.

Electro Power Systems

Post in 2017
Electro Power Systems (EPS) operates in the sustainable energy sector, focusing on hybrid-storage solutions and microgrids that convert intermittent renewable energy into reliable power sources. Headquartered in Paris, with research, development, and manufacturing facilities in Italy, EPS has developed innovative energy storage technologies protected by 125 patents and applications, built on over a decade of research and development. The company aims to stabilize electrical grids with high levels of renewable energy integration in developed nations and to provide affordable off-grid power solutions in emerging economies without relying on subsidies. EPS has successfully executed 36 large-scale projects, including off-grid hybrid systems powered by renewable energy and energy storage, totaling over 35 MW of installed power. These systems serve more than 165,000 customers daily and include an additional 18 MW of grid support systems, resulting in a total capacity output of 47 MWh across 21 countries, spanning Europe, Latin America, Asia, and Africa.

Aquafin

Debt Financing in 2017
AQUAFIN Inc. was founded in January 1989 and is a member of the SCHOMBURG Group. AQUAFIN offers a full range of products to repair, protect, waterproof and vaporproof concrete, masonry, brick, and stone substrates. In addition to providing the highest quality products we are dedicated to supporting our clients with technical expertise and practical know how gained over many years of on-the-job experience.

AW-Energy

Funding Round in 2016
The company develops and delivers technology for converting ocean waves to electricity. AW-Energy has developed WaveRoller - a fully submerged wave energy converter which utilizes wave surge phenomenon. This commonplace effect is observed in near-shore waters where the circular motion of water particles present in open sea waves changes into elliptical circulation due to more shallow bottom. Before the waves break, typically at the depth of 8-20 metres this elliptical motion is so flat that it is essentially a horizontal back-and-forth movement of water. WaveRoller device is a Panel anchored at its base on the sea bed. The back and forth movement of the wave surge moves the Panel, transferring the kinetic energy to piston pumps. The pumps create a great deal of pressure which is fed into a combination of hydraulic motor/generator, which in turn produces electricity. The nominal capacity of a single commercial-scale Panel ranges between 500 – 1000 kW, depending on the wave resources available on the site. WaveRoller has the ability to generate energy on a wide spectrum of wave states and is also well suited for locations where wave periods are long and the swell is strong. A series of WaveRoller devices can be combined into an array, thus resulting in a wave farm. Since the plant construction is modular with a high degree of independence between individual units, there is no natural upper limit to the number of WaveRoller units that can be used, therefore offering a high level of scalability and reliability. The electricity output from an individual Panel is connected to a hub/substation, thus making it easy to plug-in new units in separate project development stages, as the new capacity is added to the farm. Also, any potential underperformance or service & maintenance breaks of individual units have no impact on the remaining units, thus ensuring uninterrupted power output from the overall farm. The first prototypes were designed and patent applications were filed as early as in 1999, when Rauno Koivusaari, the original inventor co-operated with Fortum Research Centre during the conceptual phase. Since then the technology has evolved following numerous laboratory and wave-tank test trials and ongoing mathematical simulations. Open sea trails started in 2004 and included the Gulf of Finland, marine tests conducted in the European Marine Energy Centre (EMEC), Scotland, and an own testing site in Peniche, Portugal. The subsequent successes and encouraging test results led to continuous increase in the scale of the demonstration plant. The latest demonstration plant/farm consisting of three 100kW WaveRoller units (total nominal capacity of the farm 300kW) is to be deployed in Peniche, Portugal, during the second quarter of 2012. The final assembly is nearing completion in the first quarter of 2012 and will be awaiting suitable weather conditions for the deployment in the following months. The farm will be connected to national grid in Portugal. The company has already secured all the necessary permits and, additionally, holds a licence for 1MW grid connection.
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